Ero Copper (ERO) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ERO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ERO, but not buy additional shares or sell existing shares.
View ERO analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 12 month target prices for Ero Copper's shares. Their ERO share price forecasts range from $22.00 to $22.00. On average, they expect the company's stock price to reach $22.00 in the next twelve months. This suggests a possible upside of 29.3% from the stock's current price.
View analysts price targets for ERO or view top-rated stocks among Wall Street analysts.

Ero Copper's stock was trading at $13.75 at the beginning of 2023. Since then, ERO stock has increased by 23.8% and is now trading at $17.02.
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Ero Copper saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,010,000 shares, an increase of 10.5% from the April 30th total of 914,000 shares. Based on an average daily volume of 120,300 shares, the days-to-cover ratio is presently 8.4 days. Approximately 1.3% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our ERO earnings forecast.

Ero Copper Corp. (NYSE:ERO) announced its quarterly earnings results on Tuesday, March, 7th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.29 by $0.05. The company earned $116.70 million during the quarter, compared to analysts' expectations of $103 million. Ero Copper had a net margin of 17.65% and a trailing twelve-month return on equity of 14.30%.

Ero Copper trades on the New York Stock Exchange (NYSE) under the ticker symbol "ERO."

Ero Copper's stock is owned by a number of institutional and retail investors. Top institutional shareholders include GMT Capital Corp (7.21%), FIL Ltd (4.88%), Jennison Associates LLC (3.50%), American Century Companies Inc. (2.80%), Ninety One UK Ltd (2.31%) and Mirae Asset Global Investments Co. Ltd. (2.10%).

Shares of ERO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ERO stock can currently be purchased for approximately $17.02.

Ero Copper (NYSE:ERO) has a market capitalization of $1.58 billion and generates $418.44 million in revenue each year. The company earns $101.83 million in net income (profit) each year or $0.80 on an earnings per share basis.

The company employs 2,864 workers across the globe.

Ero Copper's mailing address is 625 Howe Street Suite 1050, Vancouver A1, V6C 2T6. The official website for the company is www.erocopper.com. The company can be reached via phone at (604) 449-9244, via email at info@erocopper.com, or via fax at 604-398-3767.